Just as with computers, copiers, and fax machines, paper shredders have become a necessity. In this information age, improperly disposing of your sensitive documents can lead from embarrassment to financial loss to legal action.
Considerations for selecting a Cross Cut or Strip Cut Model...Continued.
eChecksPro is the first check-based service that allows businesses to create and send payments to anyone from anywhere via the Internet. They're fast, easy, cost-effective and secure. And they don't require additional software or investments in new technology for either the sender or the recipient. eChecksPro gives businesses added flexibility and more control over their cash management — a smart complement to traditional paper checks!
eChecksPro is designed for any business or person with a checking account who wants to improve cash management by reducing costs and streamlining the processes associated with sending and receiving checks.
Unlike ACH and direct deposit options, eChecksPro doesn't require a merchant account, specialized equipment, or payee banking information.
eChecksPro are less expensive than credit cards (which can include fees of up to 4 1/2 percent per transaction), and wire transfers (which generally costs $25 per transaction).
Electronic payment options such as PayPal are conducted across privately-operated networks which require payees to join the network. They also typically charge an interchange fee. eChecksPro are sent via the Internet.
While the trend is to use digital payments, businesses continue to issue 13.1 billion paper checks each year because they provide critical capabilities not normally available with electronic payment systems. With eChecksPro, these capabilities are finally available:
Send a payment with attached remittance information
Provide payment without the banking information of the payee
Issue payments to parties without bank accounts
Separation of duties: one person can create the checks and another can approve them
Currently there is no other product like eChecksPro. eChecksPro is assuming a leadership stance, delivering a unique industry-changing product to the marketplace. Other products that refer to themselves as “eChecks” typically are not – instead they are usually one-time ACH/EFTr. eChecksPro, on the other hand, allows you to send any number of checks quickly and seamlessly through the Internet, anytime you want, without having to make a special request or pay additional fees.
eChecks arrive via email with a special code so that the recipient can retrieve the check. The recipient simply prints the check and deposits it in the same way they deposit traditional checks. If recipients are also users of the service and bank with a participating financial institution, they can deposit the check directly into their account.
eChecksPro proprietary approach based on patented technology allows companies and banks to help reduce fraud by easily verifying the authenticity of checks. Customers and financial institutions using eChecksPro's Check Validation service can confirm at any time that an authorized eCheck was created by a user of the system and that the item remains unaltered since creation. This service can assist in catching and stopping fraudulent checks before they enter the banking ecosystem.
The eChecksPro software-as-a-service is deployed using best practices for high availability and security. Thus, for example, data that is “in the cloud” is in physically secured data centers that are regularly reviewed for compliance via SSAE 16 audits.